Amanah Accounts

Day-to-day banking with HSBC

At HSBC Amanah, we constantly strive to offer Shariah compliant account services tailored to your business requirements. Our personal banking accounts combine the global expertise and excellent service quality of HSBC with the guidelines set by our Shariah advisors.

Current

Our current accounts are designed to satisfy all of your basic banking needs. While offering the convenience and security of a regular current account, they also provide the assurance that your funds will not be used to invest in non-Shariah compliant assets.

Savings

Our savings accounts serve as the basic tool in your kit when it comes to managing and growing your funds. The underlying product structure varies by location. In the case of wadiah the bank becomes the guarantor and, therefore guarantees repayment of the whole amount of your deposits, or any part thereof, outstanding in your account when demanded. The bank may also provide returns to you. Our mudarabah based accounts allow you to earn returns on the principle of profit sharing, where the better the bank's performance, the higher the profit payable to you.

Term investments

Our term investment accounts represent short to medium-term investment solutions to earn returns through both murabaha and mudarabah contracts. Under our murabaha based term investments, your funds will be invested in commodities (metals), which you will sell to the bank in exchange for (a pre-determined) profit, payable after a pre-determined investment period. Under our mudarabah based term investments, your funds earn a return based on the principle of profit sharing. Your finds will be invested by the bank in a Shariah compliant manner. Profits generated on your investments will be shared with you on a pre-determined profit-sharing ratio.